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NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a K1 short-term debt rating to the up to $2 billion Unsecured Commercial Paper Notes Program (“CP Notes”) expected to be issued by Air Lease Corporation (NYSE: AL, “the company”), a leading global aircraft leasing company based in Los Angeles, California. Key Credit Considerations The K1 short-term debt rating on the CP Notes reflects AL’s A- issuer rating and Stable Outlook as well as the company's strong liquidity and funding profiles, supported by soli

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by GoodLeap Home Improvement Solutions Trust 2025-1 (“GDLP 2025-1”), a $349.657 million asset-backed securitization collateralized by a pool of residential home improvement loans originated by GoodLeap, LLC ("GoodLeap" or the "Company"). The preliminary ratings reflect the initial credit enhancement levels ranging from 21.06% for the Class A notes to 5.16% for the Class C notes as a percentage of 95% of

CHICAGO & SARASOTA, Fla.--(BUSINESS WIRE)--Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce its partnership with Ackerman Plumbing, Inc. (“Ackerman”), a commercial plumbing company based in Sarasota, Florida. Ackerman Plumbing, a trusted name in the commercial plumbing industry, has earned a stellar reputation for its commitment to quality service and customer satisfaction. With this acquisition, Shore seeks to leverage Ackerman’s extensive industry experience and esta

CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) (the “Company”) announced today the tax treatment of its 2024 distributions on the Company’s common stock. For income tax purposes, total taxable dividend income for 2024 was $1.80 per share. This includes the Company’s fourth quarter 2023 dividend of $0.45 per share, which was declared on December 5, 2023, and was paid on January 18, 2024, to stockholders of record as of January 2, 2024. The following table summarizes the nature of these cash

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported the tax status of its 2024 dividends paid to shareholders. The final allocations as they will be reported on Form 1099-DIV are in the tables below: Record Date Payable Date Total Distribution Per Share Box 1a Total Box 1b Box 2a Box 2b Box 2e Box 2f Box3 Box 5 Ordinary Dividends Qualified Dividends1 Total Capital Gain Distr. Unrecap Sec. 1250 Gain2 Sec. 897OrdinaryDividends1 Sec. 897 Capital Gain2 Nondividend Distributions

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Air Transport Services Group, Inc. (NasdaqGS: ATSG) to Stonepeak. Under the terms of the proposed transaction, shareholders of Air Transport will receive $22.50 in cash for each share of Air Transport that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequ

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research assessing the potential exposure of our rated universe of consumer and commercial asset-backed securities (ABS) to the Los Angeles wildfires, which began on January 7. While the wildfires' full impact will not be known until they are contained, KBRA currently believes that negative rating actions, if any, will be limited across its universe of more than 1,000 rated ABS transactions. As events continue to unfold, our thoughts remain with the indi

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Innovid Corp. (NYSE: CTV) to Mediaocean. Under the terms of the proposed transaction, shareholders of Innovid will receive $3.15 in cash for each share of Innovid that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration unde

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Retail Opportunity Investments Corp. (NasdaqGS: ROIC) to Blackstone Inc. (NYSE: BX). Under the terms of the proposed transaction, shareholders of Retail Opportunity will receive $17.50 in cash for each share of Retail Opportunity that they own. KSF is seeking to determine whether this consideration and the pro

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 11 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-1 and Pagaya AI Debt Trust 2025-1 (collectively “PAID 2025-1”), an unsecured consumer loan ABS transaction. PAID 2025-1 has initial hard credit enhancement levels of 87.15% for the Class A-1 Notes to 3.25% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Notes), a cash reserve account funded at closin

NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 24, 2025 to file lead plaintiff applications in a securities class action lawsuit against Match Group, Inc. (NasdaqGS: MTCH), if they purchased the Company’s securities between May 2, 2023 and November 6, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for t

KNOXVILLE, Tenn.--(BUSINESS WIRE)--SmartFinancial, Inc. ("SmartFinancial" or the "Company"; NYSE: SMBK), today announced net income of $9.6 million, or $0.57 per diluted common share, for the fourth quarter of 2024, compared to net income of $6.2 million, or $0.37 per diluted common share, for the fourth quarter of 2023, and compared to prior quarter net income of $9.1 million, or $0.54 per diluted common share. Operating earnings1, which excludes non-recurring income, net of tax adjustments, t

NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) reported net income per diluted common share of $1.91 for the quarter ended Dec. 31, 2024, compared to net income per diluted common share of $1.19 for the quarter ended Dec. 31, 2023, an increase of approximately 60.5 percent. Net income per diluted common share was $5.96 for the year ended Dec. 31, 2024, compared to $7.14 for the year ended Dec. 31, 2023, a decrease of approximately 16.5 percent. After con

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Singular Genomics Systems, Inc. (NasdaqCM: OMIC) to an affiliate of Deerfield Management Company, L.P. Under the terms of the proposed transaction, shareholders of Singular will receive $20.00 in cash for each share of Singular that they own. KSF is seeking to determine whether this consideration and the proce

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of 180 Degree Capital Corp. (NasdaqGM: TURN) and Mount Logan Capital Inc. Pursuant to the terms of the agreement, at the closing of the transaction, 180 Degree shareholders are expected to own approximately 40% of the combined company. KSF is seeking to determine whether the merger and the process that led to i

SALT LAKE CITY--(BUSINESS WIRE)--Utah First Credit Union is excited to announce Chad Dilley as its Chief Operating Officer (COO). With two decades of financial leadership, Chad has a proven record of innovative banking solutions, excellent customer and employee experiences, and business growth. His expertise uniquely positions him to further Utah First’s mission of providing personalized, judgment-free financial experiences that positively impact individuals and the community. “Chad’s demonstra

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation (NYSE: AL) (the “Company”) announced today the establishment of its commercial paper program (the “Program”). Under the terms of the program, the Company may issue from time to time short-term, unsecured commercial paper notes (the “Notes”) under the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). Amounts available under the Program may be borrowed, repaid and re-borrow

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1375 per share payable on February 18, 2025, to shareholders of record as of February 3, 2025. The ex-dividend date is expected to be February 3, 2025. The monthly distribution information for the Fund appears below. First Trust Intermediate Duration Preferred & Income Fund (FP

NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) plans to host a live audio webcast of its investor conference call on Wednesday, February 19, 2025, at 11:00 a.m. (Eastern Time) to discuss its fourth quarter 2024 financial results, which are scheduled to be announced earlier that day. The live audio webcast will be accessible to the general public over the internet at http://www.mfafinancial.com by clicking on the “News & Events” link on MFA’s home page. Earnings presentation mate

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp. (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, which represents an increase of 13% or $0.02 per common share compared to its most recent dividend paid in December 2024. The dividend is payable on March 7, 2025 to shareholders of record at the close of business on February 21, 2025. “We are pleased to a